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Operating Budget
It is a collection or set of formal financial documents that details expected expenses and revenues, as like all other expected operating and financial transactions over some particular period of time. Therefore, it outlines the firm's operating plans over that time period. The operating cycle mostly covers one year.
Flowcharts - Documenting the accounting system Depict in outline the sequence of events in a system showing document flow and department or function responsible for every ev
what is equity ?
All the bonds are not making periodic coupon payments. Zero-coupon bonds are those bonds where the bondholder realizes interest by buying it at a deep discount to its face
fimnancial accounting system
Q. What is the rationale of the double-play strategy? The hedge funds deploy a double-play strategy in order to engineer steep increases in interest rates and steep declines in
Budgeting and Budgetary Control: The next element of financial management is budgeting and budgetary control. Budgeting is an integral part of the management accounting proces
Illustration Consider a Rs.1,000 par value bond whose current market price is Rs.850. The bond carries a coupon rate of 8% and has a maturity period of 9 years. Wha
Bond Indenture An indenture builds the formal conditions of a lending relationship between a borrower and a lender. It is a written record, and it outlines most important func
Saven Travel Corporation is considering several investment opportunities in order to diversify its operations. Mr. Saven, president, is trying to determine the firm''s cost of capi
how do we measure equity in an orgarnisation
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